The Analytical Overview of the Main Currency Pairs on 2017.06.14

The EUR/USD currency pair

Technical indicators of the currency pair:

Prev Open: 1.12020

Open: 1.12077

% chg. over the last day: +0.12

Day's range: 1.12045 – 1.12253

52 wk range: 1.0366 – 1.1616

Today the important statistics on the US economy is expected to be published. Investors' attention is directed to
reports on inflation, retail sales, a decision on the interest rate of the Fed and economic forecasts of the FOMC.
This statistics will have a significant impact on the further alignment of forces on major currencies. We advise
paying attention to the statements and rhetoric of the Fed's representatives. Since the beginning of this week, the
EUR/USD currency pair has been traded in the range of 1.11900-1.12250.

The news feed on the US economy on 2017.06.14:

– Publication of data on inflation and retail sales at 15:30 (GMT+3:00);

– The Fed's decision on the interest rate at 21:00 (GMT+3:00);

– The FOMC economic forecasts at 21:00 (GMT+3:00);

– The FOMC press conference at 21:30 (GMT+3:00).

The price is between 50 MA and 200 MA, which are strong dynamic levels of support and resistance.

The MACD histogram has begun to rise and moved to the positive zone, which indicates a bullish sentiment on EUR/USD.

Stochastic Oscillator is located near the overbought zone, the %K line crossed the %D line. There are no signals at
the moment.

Trading recommendations

Support levels: 1.11900, 1.11200

Resistance levels: 1.12250, 1.12800

Today, high volatility and trading activity are expected. We recommend reducing risks. It is better to open
positions from the key levels.

If economic reports from the US are positive, a downward trend may develop on the EUR/USD currency pair. The
movement is tending potentially to 1.11200-1.11000.

An alternative option may be the growth of the EUR/USD currency pair. The target level of movement is
1.12800-1.13000.

The GBP/USD currency pair

Technical indicators of the currency pair:

Prev Open: 1.26541

Open: 1.27571

% chg. over the last day: +0.77

Day's range: 1.27384 – 1.27966

52 wk range: 1.1986 – 1.5020

Yesterday, the aggressive purchases were on GBP/USD. The pound added more than 0.75%. Support for the currency of
Britain was provided by positive data on inflation in the country and rumors of a coalition between the Conservative
and Democratic Unionist parties. The round level of 1.28000 is the nearest resistance. The mark of 1.27250 is a
"mirror" support. We are waiting for statistics from the UK.

At 11:30 (GMT+3:00) the report on the labor market in the UK will occur. Also, we recommend paying attention to the
news line from the USA.

GBP/USD has fixed between 50 MA and 200 MA.

The MACD histogram is located in the positive area and above the signal line, indicating a further correction on
GBP/USD.

Stochastic Oscillator is in the neutral zone, the %K line is above the %D line, which also gives a signal to buy
GBP/USD.

Trading recommendations

Support levels: 1.27250, 1.26500

Resistance levels: 1.28000, 1.28700

If the report on the labor market in the UK is upbeat, the correction on GBP/USD may continue. The movement is
tending potentially to 1.28500-1.28700.

Alternatively, the GBP/USD rate may drop to the support level of 1.27250.

The USD/CAD currency pair

Technical indicators of the currency pair:

Prev Open: 1.33224

Open: 1.32357

% chg. over the last day: -0.62

Day' range: 1.32043 – 1.32452

52 wk range: 1.2458 – 1.4692

During yesterday's trading, the Canadian dollar rally continued. The fall in USD/CAD quotations exceeded 0.5%. At
the moment, the currency is being traded near the round level of 1.32000. The local resistance is 1.32450. In the
near future, a technical correction is possible.

The news background on Canada's economy is calm today. We recommend paying attention to economic reports from the
USA.

Indicators do not send accurate signals. The price is below 50 MA and 200 MA.

The MACD histogram is located in the negative area, but above the signal line, which gives a weak signal to sell
USD/CAD.

Stochastic Oscillator has reached the oversold zone, the %K line has crossed the %D line. There are no signals at
the moment.

Trading recommendations

Support levels: 1.32000

Resistance levels: 1.32450, 1.33000, 1.33500

We recommend opening positions from the key levels.

If the price fixes below the round level of 1.32000, the downward trend on USD/CAD may continue. The target movement
level is 1.31500.

Alternative option. If the USD/CAD quotes overcome the local resistance of 1.32450, the corrective movement may
develop. The immediate goal for profit taking is 1.33000.

The USD/JPY currency pair

Technical indicators of the currency pair:

Prev Open: 109.928

Open: 110.041

% chg. over the last day: +0.12

Day's range: 109.951 – 110.245

52 wk range: 99.08 – 123.69

Yesterday's trading on USD/JPY was calm. A significant change in the rate did not occur. The currency was in a
lateral movement. Investors remain cautious before the Fed's meeting. The key trading range is still
109.800-110.400.

It is necessary to pay attention to the news feed on the US economy.

Indicators point to the bullish sentiment. The price is above 50 MA and 200 MA.

The MACD histogram has begun to rise and moved to the positive zone, which signals an upward trend in USD/JPY.

Stochastic Oscillator is near the overbought zone, the %K line is above the %D line, which gives a weak signal to
buy USD/JPY.

Trading recommendations

Support levels: 109.800, 109.250

Resistance levels: 110.400, 111.000

If the statistics from the US is upbeat, purchases may prevail on USD/JPY. The movement is tending potentially to
the round level of 111.000.

The alternative may be a drop in the USD/JPY quotes. The target movement level is 109.250.

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer,
and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

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